Firefighting SuperTanker grounded, may get converted to freight carrier
PATTY NIEBERG
DENVER (AP) As Western states prepare for this year’s wildfire season, the world’s largest firefighting plane has been grounded and could be converted to help fight against another crisis, the COVID-19 pandemic.
After investing tens of millions into upgrading the Global SuperTanker and its technology, the revenue coming mostly from contracts with the U.S. government and California did not produce enough profit for the company to continue the funding the tanker, said Roger Miller, managing director at Alterna Capital Partners LLC, the investment company that owns the plane.
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The nomination of Columbia Law Professor Lina Khan to the
Federal Trade Commission last month raised speculation as to
whether there might be a new era of antitrust enforcement under the
Biden Administration. If confirmed, Ms. Khan would fill former FTC
Chairperson Joseph Simon s vacant seat, leaving one more
remaining vacancy for President Biden to fill after Democratic
Commissioner Rohit Chopra leaves to lead the Consumer Financial
Protection Bureau.
1 Biden s next appointment is
anticipated soon, and would mark the shift to a 3-2 Democratic
Largest Firefighting Plane May Be Sold For COVID-19 Response nbcsandiego.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcsandiego.com Daily Mail and Mail on Sunday newspapers.
CFPB Delays QM Rule Compliance and Patch Demise Apr 28 2021, 9:29AM
Lenders will have more than an additional year to
comply with the General Qualified Mortgage (QM) Rule. The Consumer Financial
Protection Bureau (CFPB) says it is formally delaying the mandatory compliance
date for the new rule from July 1, 2021 to October 1, 2022. The Bureau says it
is taking the action to help ensure access to
responsible, affordable mortgage credit, and preserve flexibility for consumers
affected by the COVID-19 pandemic and its economic effects.
The delay will also
give lenders more
time to use the so-called GSE Patch. The Patch provides QM status to loans that